Tan Xinsheng:11.20Suggestions for analyzing the trend of the gold evening market

When you finish reading Tan Xinsheng's article, Tan Xinsheng will understand that you are looking for a teacher who can lead you to make stable money. I am not only a guiding teacher, but also a friend worth making in your life. We welcome like-minded people to come and have a long conversation! In your eyes, there is a profit of a hundred times leverage, while I am considering the risks of a vast abyss. Thinking determines the way out, and different perspectives on the market determine that you will take risks for profit, while I will spare a single profit to avoid risks. Tan Xinsheng's team has already formulated a complete set of profits and returns. Our side. Case, wait for you to participate and escort every penny of your profit. A professional team, each suggestion is analyzed by multiple analysts together. Our sense of responsibility for work, customer operation, and analysis are always accompanied.

goldOverview of the current market situation:

This Thursday, spot gold continued to fluctuate and fall, with gold hitting a low during the US market period1852Test again nearby1850The support strength of the gateway. But it didn't break down, but instead1852Nearby stabilization and rebound. The US dollar index fell on the news as Republican leaders in the US Senate agreed to resume negotiations on another stimulus plan, supporting a short-term rebound in gold. Gold prices are currently closing negative and declining for three consecutive days, and this Thursday marks the third close since the recent major structural consolidation1850The gate is closed. As the market is optimistic about the prospect of COVID-19 Vaccine, risk aversion has cooled, creating negative pressure on gold prices. US Food and Drug Administration（FDA）May be in12In the middle of the month, COVID-19 Vaccine was approved for emergency use, or the epidemic situation was finally controlled, which accelerated the recovery of the global economy, thus reducing the risk aversion of gold, while the risk appetite of stocks and other stocks rose.

Although the successful development of COVID-19 vaccine is promising to curb the spread of the epidemic, the fragile economy still needs more positive economic stimulus measures to rescue. The market generally believes that the Federal Reserve has to take more actions. The expectation of no interest rate increase in the next three years also supports the growth of gold price for a long time. Therefore, under the circumstances that the epidemic in the United States dissipates and the political and economic order in the United States is restored, It is also difficult to see a sustained and deeper correction in gold prices. In addition, it is worth noting that the chaos caused by this US election is not optimistic for the US dollar index.

Today's Gold Market Focus:

During this Friday's Asian and European trading period, there were no significant economic data releases, and the gold trend may continue to be dominated by technical trends. On the news surface, attention was paid to the speeches of European Central Bank President Lagarde and Federal Reserve President Kaplan during the US market.

Interpretation of the gold market:

From the one hour cycle chart of gold in the above figure, it can be seen that gold is in a downward trend structure, with three rapid declines during this period, but followed by a rapid declineVType rebound, the long short game is quite intense. During the three rapid declines, the short hair force has significantly converged. Market dips overnight1852Try to explore the nearby location again1850The support effect of the checkpoint, however, did not form a downward break but stabilized, bottomed out, rebounded, and fluctuated, but the rebound amplitude was not significant. From the graph, it can be seen that there are signs of overall decline in action,MACDThe green kinetic energy column converges and has transformed into a red kinetic energy column. The three tracks of the Bollinger Belt have shifted from tilting downwards to upwards, indicating a signal of attempted rebound in gold prices.

Today (Friday), spot gold in the Asian market opened as low as1860Nearby, the rebound rose, but the strength of the rebound was not significant, with the highest rebound before the European market reaching1869Nearby. Although there were some fluctuations and falls in the European trading market, it has never fallen below the low point in the Asian market1860And there is a trend of forming a double bottom to support gold. As of the deadline for manuscript writing, the gold1867Nearby, gold is still fluctuating in the low range and may continue to fluctuate widely in the future.

In summary, we will focus on short-term operations in the evening first1860Double bottom support at the gateway, followed by1852-1850/48;To form a medium-term bearish trend, gold prices must fall below1850and1848Front low. Once the medium term turns short of gold, there will probably be100-150Medium to long term profit in US dollars. If the price does not fall below, once it stabilizes, there will be significant room for rebound in the future, and it may still be pulled back up1900Not even excluding2000; Follow Above1874-1875Suppression, effective breakthrough1874-1875Look at the upstream target1882-1885Nearby or higher.

Reference suggestions for gold operations:

1Gold falling back1860Nearby unbreakable but light warehouse layout with multiple orders and stop loss1855Next, target1868-1870Near the area, look at the broken position1874-1875Key suppression, see if holding below the limit1882-1885Area, break hold

2If gold rebounds1874-1875If there is obstruction near the area, empty orders will be placed to stop losses1881On, target1868-1863-1860Near the area, take a look down1855-1852Area, continue to break through to see1850-1848Can you successfully break the position, while holding the position

The article can only provide you with temporary direction and ideas. As for the specific entry points and closing opportunities, Tan Xinsheng will provide real-time information based on market trends. For friends who are interested in investing in gold and other investments, but want to learn technical analysis but are unable to start or are already in contact but not ideal. They currently have low short orders and high long orders on hand and do not know how to handle them, or have recently suffered serious losses, then you can choose to visit Tan Xinsheng's team group to investigate and take a look(Unconditional group entry guided learning). We will use our professional knowledge and years of experience to safeguard your funds. If you are currently struggling with losses, or if there are so many strategies to follow, you can choose to observe our daily operations within the group. The operations within the group are well founded, with real-time current price orders and considerable returns. We welcome investment friends to come and verify.

Writing and publishing of article market analysis strategy: Tan Xinsheng Microconnection txc296 Guidance time: morning7:00——Early morning2:00

Please indicate the source of the reprint. Due to delays in online publishing and volatile market conditions, the above opinions and suggestions of Tan Xinsheng are not practical and are for reference only.